The stock is on the move up this morning, last higher by nearly 7%. At the current price of $18.40, the shares are well above the descending 10-day moving average and short-term bearish price channel. This is bullish price behavior. Next resistance is at $18.59, and then $18.77. Support is at $18.30.
Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time …